21 Peter Parade, Mermaid Waters — Off-Market Report

The 10 sales behind that range — and every adjustment

A sale down the road is not evidence until it is adjusted for how it differs from this home. Here is each sale we used, what we changed, and by how much.

20 Bowline Road

Sold 7 April 2026 · 0.67 km away

Sold for

$1,850,000

Adjusted to this home

$1,693,602

What we added and subtracted to make this sale comparable to 21 Peter Parade
Floor area	this home 113 m² · comparable 141 m²	−$109,872
Bathrooms	this home 1 · comparable 2	−$48,000
Year built	this home 1976 · comparable 1990	−$33,600
Distance to beach	this home 1.86 km · comparable 2.5 km	+$24,420
Land size	this home 639 m² · comparable 600 m²	+$9,766
Micro-location	this home 0.1067 · comparable 0.1061	+$888
Net adjustment		−$156,398

A further 10 factors were compared and found the same on both properties, so no money moved.

3 Fairsky Avenue

Sold 27 April 2026 · 1.02 km away

Sold for

$1,805,000

Adjusted to this home

$1,662,254

What we added and subtracted to make this sale comparable to 21 Peter Parade
Floor area	this home 113 m² · comparable 141 m²	−$109,872
Bathrooms	this home 1 · comparable 2	−$48,000
Distance to beach	this home 1.86 km · comparable 2.85 km	+$35,198
Micro-location	this home 0.1067 · comparable 0.1169	−$14,729
Year built	this home 1976 · comparable 1980	−$9,600
Land size	this home 639 m² · comparable 622 m²	+$4,257
Net adjustment		−$142,746

A further 10 factors were compared and found the same on both properties, so no money moved.

37 Arcadia Drive

Sold 3 March 2026 · 1.18 km away

Sold for

$1,840,000

Adjusted to this home

$1,705,182

What we added and subtracted to make this sale comparable to 21 Peter Parade
Floor area	this home 113 m² · comparable 145 m²	−$125,568
Bathrooms	this home 1 · comparable 2	−$48,000
Distance to beach	this home 1.86 km · comparable 3.02 km	+$41,510
Micro-location	this home 0.1067 · comparable 0.096	+$15,750
Year built	this home 1976 · comparable 1981	−$12,000
Land size	this home 639 m² · comparable 665 m²	−$6,510
Net adjustment		−$134,818

A further 10 factors were compared and found the same on both properties, so no money moved.

1 Wagin Court

Sold 17 December 2025 · 1.32 km away

Sold for

$1,800,000

Adjusted to this home

$1,708,114

What we added and subtracted to make this sale comparable to 21 Peter Parade
Micro-location	this home 0.1067 · comparable -0.0257	+$190,656
Floor area	this home 113 m² · comparable 141 m²	−$109,872
Bedrooms	this home 3 · comparable 4	−$68,000
Car spaces	this home 2 · comparable 4	−$57,693
Bathrooms	this home 1 · comparable 2	−$48,000
Distance to beach	this home 1.86 km · comparable 2.87 km	+$35,748
Year built	this home 1976 · comparable 1984	−$19,200
Land size	this home 639 m² · comparable 701 m²	−$15,525
Net adjustment		−$91,886

A further 8 factors were compared and found the same on both properties, so no money moved.

3 Helm Court

Sold 21 September 2026 · 0.14 km away

Sold for

$2,175,000

Adjusted to this home

$1,943,887

What we added and subtracted to make this sale comparable to 21 Peter Parade
Floor area	this home 113 m² · comparable 140 m²	−$105,948
Bathrooms	this home 1 · comparable 2	−$48,000
Micro-location	this home 0.1067 · comparable 0.132	−$44,022
Year built	this home 1976 · comparable 1989	−$31,200
Land size	this home 639 m² · comparable 665 m²	−$6,510
Distance to beach	this home 1.86 km · comparable 1.93 km	+$4,567
Net adjustment		−$231,113

A further 10 factors were compared and found the same on both properties, so no money moved.

6 Constance Avenue

Sold 26 November 2025 · 0.50 km away

Sold for

$1,925,000

Adjusted to this home

$1,788,187

What we added and subtracted to make this sale comparable to 21 Peter Parade
Bathrooms	this home 1 · comparable 2	−$48,000
Floor area	this home 113 m² · comparable 125 m²	−$47,088
Year built	this home 1976 · comparable 1986	−$24,000
Micro-location	this home 0.1067 · comparable 0.1182	−$17,710
Cladding	this home 2 · comparable 3	−$16,000
Land size	this home 639 m² · comparable 589 m²	+$12,520
Distance to beach	this home 1.86 km · comparable 1.92 km	+$3,465
Net adjustment		−$136,813

A further 9 factors were compared and found the same on both properties, so no money moved.

94 Rumrunner Street

Sold 14 January 2026 · 1.39 km away

Sold for

$1,900,000

Adjusted to this home

$1,763,671

What we added and subtracted to make this sale comparable to 21 Peter Parade
Floor area	this home 113 m² · comparable 140 m²	−$105,948
Car spaces	this home 2 · comparable 4	−$57,693
Distance to beach	this home 1.86 km · comparable 3.25 km	+$50,730
Bathrooms	this home 1 · comparable 2	−$48,000
Micro-location	this home 0.1067 · comparable 0.0852	+$32,680
Year built	this home 1976 · comparable 1980	−$9,600
Land size	this home 639 m² · comparable 633 m²	+$1,502
Net adjustment		−$136,329

A further 9 factors were compared and found the same on both properties, so no money moved.

23 Sovereign Drive

Sold 25 March 2026 · 0.74 km away

Sold for

$1,825,000

Adjusted to this home

$1,596,192

What we added and subtracted to make this sale comparable to 21 Peter Parade
Floor area	this home 113 m² · comparable 135 m²	−$86,328
Year built	this home 1976 · comparable 2002	−$62,400
Micro-location	this home 0.1067 · comparable 0.1421	−$51,684
Bathrooms	this home 1 · comparable 2	−$48,000
Distance to beach	this home 1.86 km · comparable 2.15 km	+$12,593
Land size	this home 639 m² · comparable 611 m²	+$7,011
Net adjustment		−$228,808

A further 10 factors were compared and found the same on both properties, so no money moved.

17 Oriana Drive

Sold 5 December 2025 · 1.45 km away

Sold for

$1,725,000

Adjusted to this home

$1,452,187

What we added and subtracted to make this sale comparable to 21 Peter Parade
Floor area	this home 113 m² · comparable 180 m²	−$262,908
Bedrooms	this home 3 · comparable 4	−$68,000
Distance to beach	this home 1.86 km · comparable 3.26 km	+$46,368
Car spaces	this home 2 · comparable 1	+$28,846
Year built	this home 1976 · comparable 1988	−$28,800
Micro-location	this home 0.1067 · comparable 0.0888	+$24,702
Land size	this home 639 m² · comparable 691 m²	−$13,021
Net adjustment		−$272,813

A further 9 factors were compared and found the same on both properties, so no money moved.

23 Weatherly Avenue

Sold 28 October 2025 · 1.06 km away

Sold for

$2,500,000

Adjusted to this home

$1,827,455

What we added and subtracted to make this sale comparable to 21 Peter Parade
Floor area	this home 113 m² · comparable 212 m²	−$388,476
Micro-location	this home 0.1067 · comparable 0.15	−$86,600
Bedrooms	this home 3 · comparable 4	−$68,000
Car spaces	this home 2 · comparable 4	−$57,693
Bathrooms	this home 1 · comparable 2	−$48,000
Land size	this home 639 m² · comparable 828 m²	−$47,326
Distance to beach	this home 1.86 km · comparable 2.77 km	+$45,150
Year built	this home 1976 · comparable 1985	−$21,600
Net adjustment		−$672,545

A further 8 factors were compared and found the same on both properties, so no money moved.

We are not claiming to be more accurate than anyone else. We are showing you the sales, the adjustments and the band they produce, so you can judge the number yourself.

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 21 Peter Parade sit?

Gold Coast homes listed for 60 to 180 days rose from 1,288 in March to 2,618 in August (SQM Research). A rising count of homes sitting unsold has historically been associated with downward pressure on asking prices.

But property markets do not move as one—and neither do individual homes.

We traced the estimated value of 21 Peter Parade over the past 18 months, compared it with Mermaid Waters’s wider market, and examined the indicators most likely to reveal what happens next.

21 Peter Parade

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 10 sales behind that range — and every adjustment

20 Bowline Road

3 Fairsky Avenue

37 Arcadia Drive

1 Wagin Court

3 Helm Court

6 Constance Avenue

94 Rumrunner Street

23 Sovereign Drive

17 Oriana Drive

23 Weatherly Avenue

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 21 Peter Parade sit?

Your home

See your home the way a buyer does

36 Surfers Avenue

14 Lakeview Boulevard

13 Mayra Court

10 Chatswood Court

20 Sundowner Court

7 Splice Street

9 Volante Crescent

8A Rumrunner Street

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